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Sahel Capital’s $1M Investment to Sukuma, Empowering Ugandan Coffee Farmers

Sahel Capital’s $1M Investment to Sukuma, Empowering Ugandan Coffee Farmers

By Staff Writer 13 November 2024
Man in a blue suit with a pink shirt standing against a brown background.

Deji Adebusoye, Partner at Sahel Capital

Sahel Capital has announced a $1 million investment in Sukuma Commodities, a leading Ugandan coffee exporter, via its Social Enterprise Fund for Agriculture in Africa (SEFAA). The funds aim to strengthen Sukuma's ability to source and process green coffee from over 2,300 smallholder farmers and expand exports to European markets.

Sukuma, which exclusively exports Ugandan-grown Robusta and Arabica coffee to European clients in Italy, the Netherlands, and Germany, will use the capital to enhance coffee aggregation, processing, and export capacity. This investment reflects Sahel’s commitment to supporting smallholder farmers and advancing sustainable agriculture in Africa.

"Uganda, as the largest exporter and the second largest producer of coffee in Africa, offers a tremendous opportunity for impactful investment," said Deji Adebusoye, Partner at Sahel Capital. "We are excited to partner with Sukuma, one of Uganda’s leading coffee exporters in the country. Sukuma plays a crucial role in improving the livelihoods of over 2,300 smallholder farmers."

Sukuma’s CEO, Fedrick Gubala, emphasized that the partnership would enhance financial support and prompt payments to farmers, boosting their economic stability.

Source: Africa Private Equity News

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